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House bill would create reconciliation mechanism to close multi‑year inflation gap in school funding, fiscal impact debated

2250998 · February 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 266 would change the statutory approach to calculating and reconciling K‑12 inflation so the legislature can close the multi‑year gap created when the current three‑year average calculation is capped at 3 percent.

House Bill 266 would change how Montana measures and reconciles K‑12 inflation so that funding keeps closer pace with actual inflation over time. Sponsor Rep. Luke Muszkiewicz told the House Education Committee the bill is intended as a backstop to ensure “a dollar of school funding in 2025 goes as far as a dollar did in 2020 or 2015.”

Legislative Fiscal Division figures presented to the committee showed a multi‑year “inflation gap” created by the statutory method using a three‑year average…

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